Posts

UV Coatings Market Outlook 2022 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2031

 The global UV coatings market reached a valuation of  US$ 3.6 Bn  in 2021. The growing use of  UV coatings  in the wood and furniture industry to provide a glossy finish and protect print marketing items from scratches is expected to boost sales at a  5.2% CAGR , with the market valuation reaching  US$ 6 Bn  in 2031. Green coatings are the latest trend in the UV coatings market. These coatings are environment friendly that help reduce pollution at any stage of the process. They are normally more expensive than other paints and coatings on the market; however, they are more advantageous and have comparable performance characteristics to regular hazardous paints. Green coatings are becoming more popular in the coating industry as environmental regulations and standards become more stringent, particularly in Europe and North America. As a result, the demand for UV curable coatings is booming. UV coatings for woods and glass give printed products like printed materials, posters, and

Ion Exchange Resins Market 2022 Outlook, Current and Future Industry Landscape Analysis 2026

 While the global scenario of the   ion exchange resins market  reflecting the increasing use of ion exchange resins in power generation, followed by domestic wastewater treatment applications, the ion exchange resins market is subjected to a crunch due to the advent of alternative technologies that include electro deionization and reverse osmosis. The exceeding efficiency and advancement in technology are the major reasons why consumer preferences are shifting from conventional ion exchange resins towards these new alternatives. Ion Exchange Resins Market to register moderate growth owing to changing preferences This shift of preference is projected to affect the ion exchange resins market adversely and further deteriorate the pace of expansion of ion exchange resins market. Owing to this scenario, the ion exchange resins market is expected to project a moderate growth with a CAGR of 5.4% over the forecast period of 2016 to 2026. Owing to these factors the accumulation of spent io

Renewable Methanol Market 2022 Outlook, Current and Future Industry Landscape Analysis 2026

 Future Market Insights delivers key insights on the global  renewable methanol market  in its latest report titled “ Renewable Methanol Market: Global Industry Analysis and Opportunity Assessment, 2016–2026 ”. According to the report, global sales of renewable methanol is estimated to be valued at US$ 133.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 5.2% over 2015. Renewable methanol is a second generation biofuel and is derived from renewable sources such as biomass, industrial waste, municipal waste, and industrial CO 2 . Renewable methanol is used as a transportation fuel after blending it with other chemicals. The main reason for the rise in demand for renewable methanol as a fuel is the implementation of regulations especially in Europe and North America that over 10% of the transport fuel should come from renewable sources by the end of 2020. Renewable methanol that is produced through the gasification process and using biomass is used as a liquid motor fuel as it has

Magnesium Metal Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031

 According to a latest  magnesium metal market   report published by Future Market Insights, the long-term outlook of the global magnesium metal market remains optimistic. Global magnesium metal revenues are set to grow at a CAGR of over 7% through 2031. Analysis of the Magnesium Metal Market The use of magnesium metal and magnesium metal alloys in aircraft and aerospace applications is expected to witness a steady growth over the forecast period. Over the years, aircraft manufacturers across the globe have focussed on developing lighter and more fuel-efficient aircraft in order to adhere to stringent emission norms and regulations imposed by various regulatory bodies and associations. Magnesium metal is one of the lightest metals on Earth. Moreover, magnesium metal is relatively more dimensionally stable, resistant to elevated temperatures, and relatively easier to process. Also, the reduction process associated with the manufacture of metals such as titanium, hafnium, uranium,

Ceramic Tiles Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

ESOMAR-certified firm Future Market Insights (FMI) analyzes the  global ceramic tiles market  in its recent study. As per the report, the market will continue exhibiting healthy growth, expanding at a  7.20% CAGR , reaching  US$ 84.8 Bn  in 2021. Sales outlook for ceramic tiles market will remain positive with counties including China, India, Italy, and the U.S. emerging as key exporters and producers. Despite restrictions imposed amid COVID-19 outbreak, the market continued showcasing a steady growth trajectory. The analysis has estimated sales to rise at  2.50%  year on year rate in 2021. Spurred by increasing growth opportunities, overall sales volume is anticipated to reach  32,870 Sq. Mtr.  by 2030. As per the study, the demand for ceramic tiles is consistently rising owing to rapid urbanization across developing countries and growing demand for aesthetically pleasing and sustainable tiles for home décor. Additionally, demand for visual appeal in ceramic tiles is driving p

Construction Aggregates Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

 As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global  construction aggregates market  reached  US$ 344.4 Bn  in 2021. Increasing investment in the infrastructure sector is anticipated to propel growth in the market, enabling expansion at  6.8% CAGR  through 2031. Digital transformation in the construction sector is streamlining industrial operations and paving way for technological advancements. This factor is allowing contractors to improve output, which in turn is resulting in high demand for construction aggregates. Rapid urbanization in countries such as China and India is encouraging expansion of construction of residential sectors and healthcare facilities, thereby boosting sales of construction aggregates. Besides this, government-backed initiatives for facilitating housing developments in the U.S. and the U.K. will positively shape the demand outlook for construction aggregates. Key Takeaways from the Construction Agg

Ammonium Sulphate Market | Scope of Current and Future Industry 2031

 Protein purification by precipitation can be performed for bulk protein synthesis and is quite inexpensive in comparison to other purification methods. Growing demand for protein purification by precipitation will fuel the  ammonium sulphate market  growth. The demand for ammonium sulphate has been increasing significantly with rising demand of protein purification for production of insulin across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. According to a report published by the World Health Organization (WHO), around 1.5 Mn people died from diabetes. Also, premature mortality rate due to diabetes is high in low and middle income countries. Unprecedented rise in diabetic patients has increased the demand for manufacturing of insulin and other biopharmaceutical drugs. Insulin is produced by protein purification which requires ammonium sulphate as a precipitating agent. Ammonium sulphate experienced a surge in demand during the Co

UV Tapes Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts

  Future Market Insights  (FMI), in its recent report titled, “ UV Tapes Market : Global Industry Analysis and Opportunity Assessment ”, projects that the global  UV Tapes market  will exhibit a CAGR of 9.3 % during 2015 to 2020. UV tapes are a type of pressure-sensitive tapes with high adhesion strength, which reduces drastically on exposure to UV light, thereby allowing clean and easy removal of semiconductor chips after it has fulfilled its purpose. During fabrication, storage, and shipping of semiconductor wafers, these tapes temporarily protect wafers against scratching and surface damage. These are produced from PVC, PET, or PO backing material with acrylic adhesive to hold pieces of semiconductor (dies) in place. These tapes are generally thinner as compared to other tapes, which vary from between 70 to 150 micrometers. The report analyses the global UV tapes market in terms of market value (US$ Mn) by applications, region and product type and provides information regarding

Biobased Biodegradable Plastics Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast

 London-based market research and consulting firm, Future Market Insights (FMI), in its latest report titled “ Global  Bio-based Biodegradable Plastics Market  Analysis and Opportunity Assessment ”, states that the global bio-based biodegradable plastics market is expected to demonstrate a double-digit CAGR during forecast period. Global penetration of biodegradable and bio-based biodegradable plastics is currently significantly lower in comparison to traditional fossil fuel-based plastics. Of the 300 Mn metric tonnes of plastics consumed in 2013, biodegradable plastics accounted for 0.21% of the total consumption. The total consumption of bio-based biodegradable plastics was 591,000 metric tonnes in 2013, accounting for 0.1% share of the total global plastics consumption. Essien Jae, Lead Consultant at FMI said, “Consumption of bio-based biodegradable plastics is substantially low compared to fossil fuel-based plastics, but this is expected to grow rapidly over the next five years

Next-Gen Firewall Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2032

 According to Future Market Insights (FMI), the adoption of next-gen firewall in the market is estimated to grow at a CAGR of 8.8% from 2022-2032. Sales in the market are expected to reach the valuation of ~US$ 3.3 Bn by the end of 2022. As per FMI, companies are building security directly into IoT devices before implementing the hardware into the system. Rise in data hacking activities and cyber-attacks is encouraging enterprises to focus towards detection of better security solutions. Hence, demand for next-gen firewall systems for securing information deployed on the cloud and for strengthening the security structure of company is increasing. Moreover, large organizations are taking initiatives to implement next-gen firewalls for their business applications which are deployed on cloud, and helping other small enterprises to understand the usage of next-gen firewall capabilities, and internet security threats. Key Takeaways: Next-Gen Firewall Market By type, the virtu

Business Intelligence Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2032

  During the forecast period, the  business intelligence market  is expected to grow at a CAGR of 7%. The business intelligence industry is expected to grow to $52.6 billion by 2032, up from $26.7 billion in 2022.  Various factors, such as a greater focus on digital transformation, higher investments in analytics, increasing need for data visualisation dashboards, increased cloud use, and increased data generation, are expected to drive up demand for business intelligence.  Cloud computing and big data analytics have gained popularity in recent years, according to the current business intelligence industry adoption trends. Cloud computing is seen as a potential platform for supplying BI applications as a storehouse for organised and unstructured data.  COVID-19 has made it even more important for all firms to put their data to work in order to make faster decisions.  A comprehensive business intelligence approach can help organisations define appropriate metrics to better endur

Fiber Optic Connectivity Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2032

 According to a recent report conducted by FMI, the  Fiber Optic Connectivity Market  would reach US$ 7.0 billion by 2032, up from US$ 2.8 billion in 2022, with a CAGR of 9.6%. The demand for fiber optic technology in numerous industrial sectors, as well as submarines and aircraft, has an impact on market growth, according to this report.  Furthermore, the market is likely to grow during the forecast period because of the growing need for energy-efficient solutions in various sectors around the world. Furthermore, demand for fiber optic technology in various industrial sectors, as well as submarines and aircraft, influences the market growth.   Furthermore, the low cost of data transfer is expected to propel the fiber optic connectivity industry forward. Furthermore, technical improvements in the realm of communication technology are likely to open up a slew of new opportunities, boosting the fiber optic connectivity market’s growth over the forecast period. Another key aspect proj

Hydrazine Hydrate Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2030

  Hydrazine Hydrate Market  Snapshot According to the study, demand for hydrazine has witnessed a notable slump in 2020 owing to the ongoing covid-19 outbreak. Restrictions on manufacturing, automotive, and polyester industries, coupled with disruptions to raw material supply chains has limited growth of the industry for the short term. As per the report, innovations in polymerization and agriculture chemicals, and new, cost-effective production methods, will support the market in the long term. Despite the upwards trajectory of the hydrazine hydrate market between 2020 and 2030, environmental and health concerns associated with the carcinogenic and toxic nature of hydrazine hydrate, and the resultant strict regulations on handling, storage, and use of the material is expected to limit the growth of the sector. The study by FMI encompasses a wide-ranging overview of the market, with data on key dynamics of the hydrazine hydrate industry. Some of the prominent takeaways include:

Diketene Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2032

 ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive study on the global  diketene market . According to the study, diketene demand is set to grow at nearly 5% in 2021, with growing focus on health & wellness creating substantial opportunities. The pharmaceutical industry has made prolific advances, interspersed with numerous technological innovations and breakthroughs in drug development. For instance, India is the leading global generic drug market, valued at over US 19.1 billion as of 2019. Thus, diketene manufacturers are increasing their presence across the Asian markets. In addition to surging demand from pharma and nutraceutical segment, diketene sales are likely to receive a fillip from the dyes & pigments segment. According to FMI’s analysis, the global pigments and dyes industry was valued at nearly US$ 35 million in 2020. The industry uses a slew of products as raw materials, however, growing consumer concerns has led the indust

Fluoropolymer Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031

 Increasing consumption of  fluoropolymer   in industrial processing & application is anticipated to create opportunities for growth of the market. According to a new study by Future Market Insights (FMI), over the assessment period between 2021 and 2031, the market will rise at a CAGR of 5.4%. A fluoropolymer is characterized by high resistance to acids, solvents, and bases. Polytetrafluoroethylene (PTFE) is the most well-known fluoropolymer. It is expected to constitute over half of fluoropolymer sold globally. Fluoropolymers are widely used in industrial processing industries for numerous applications such as heat exchanger coatings, pump impellers, tanks, autoclaves, reaction vessels, flue duct expansion joints, autoclaves, and among others. Geographically, East Asia is anticipated to dominate the market, accounting for more than one third of market value share. The Fluoropolymer market is estimated to reach a total market value of US$ 12,991.5 Mn by the end of 2031, growin

Membrane Chemicals Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2031

 The  membrane chemicals  industry thrived on the growing demand from municipal, power, and food & beverages sectors in the past years, while the pandemic outbreak changed the scenario temporarily earlier in 2020. While decline in demand impacted the industry, recovery of food & beverages, chemicals, and other sectors has been key to excel for manufacturers and suppliers since the last quarter of 2020. The latest revised edition of the ‘membrane chemicals’ market study published by the Future Market Insights (FMI) thoroughly analyze the global industry potential and growth scope. The report also provides detailed insights of new trends and demand-supply patterns across 20+ countries with special emphasis on the leading regions such as North America, Europe, and Asia Pacific during the forecast period of 2021 to 2031. Key Takeaways from Market Study The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031 High requirement i

Polyimide Fibers Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

 A comprehensive analysis on the  Polyimide Fibers market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. According to latest study by Future Market Insights (FMI), the demand for polyimide fibers will increase at 4.9% CAGR between 2021 and 2031. Increasing use of polyimide fibers in filter media, protective clothing, and insulation materials will drive sales in the market. Owing to its excellent heat resistance and flame retardant capacity, polyimide fibers application is expected to increase across diverse industries. Newly released data for polyimide fibers market analysis shows that global demand of overall protective clothing application is expect

Polysulfide Resin Market by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2031

 A comprehensive analysis on the  Polysulfide Resins market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. Global polysulfide resin market will witness growth at a steady pace on the back of rising demand from various industries, including automotive and transportation, industrial processing, building and construction, specialty chemicals, and others. As per Future Market Insights (FMI), the market is projected to top  US$ 229.76 Mn , reaching  62,008.8 Tons  during the forecast period between 2021 and 2031. Thiokols are anticipated to remain highly sought-after in terms of product backed by the growing adoption within building and construction and au

Renewable Naphtha Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

A comprehensive analysis on the  Renewable Naphtha market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. The global renewable naphtha market is slated to reach  US$ 422.0 Mn  in 2021, finds Future Market Insights (FMI) in a recent market analysis. Rising demand for eco-friendly alternatives for plastics in various end-use industries is projected to enable sales at an impressive  10.5% CAGR . Considering this, FMI has forecast the market valuation to top  US$ 1.15 Bn  in 2031. Renewable naphtha finds applications in plastic articles, décor products in residential and commercial spaces, packaging, and production of bioplastics and hydrogen gas. Shifting c

Wind Power Coatings Market Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031

 A comprehensive analysis on the  Wind Power Coatings market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. The global wind power coatings market is estimated to expand a 11.3% CAGR  over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Increasing focus on alternate sources of energy has led to surge in wind turbine installation worldwide. This has in turn created conducive environment for sales of wind power coatings. The installation of wind turbines has risen in tandem with the demand for cleaner energy sources. Application of wind power coatings is the essential step within wind turbine manuf